Purpose of the Board of Trustees
The general administration and responsibility for the proper operation of the System is vested in the Board of Trustees, as outlined in 24 V.S.A. § 5062. Effective July 1, 2010, the Board consists of five members: the State Treasurer, two employee representatives elected by the membership of the system, and two employer representatives--one elected by the governing bodies of participating employers of the system and one selected by the Governor from a list of four nominees. The list of four nominees is jointly submitted by the Vermont League of Cities and Towns and the Vermont School Boards Association. The Chair is elected by the Board and acts as executive officer of the Board.
A Trustee serves as a fiduciary of the System and is responsible for governance of its operations, policies and administration. Trustees are expected to attend all business meetings. In-house business meetings are typically held quarterly in the State Treasurer's Office in Montpelier, and conference calls are occasionally held during the interim, or as determined by the Board of Trustees. The average number of meetings per year ranges between six and 10. Trustees are eligible for a per diem, unless the Trustee is a State employee or a municipal employee whose compensation is not reduced while performing trustee functions. All trustees are reimbursed for board-related expenses incurred.
For more detailed information about subject matters and Board action taken during meetings, you may scroll through the minutes listed below.
Board Members
Members of the Board with position and expiration date of term:
Chris Dube, Chair, Employee Representative, July 2026
Kimberly Gleason, Vice-Chair, Employer Representative, June, 2028
Morgan Daybell, Employee Representative, July 2026
Kathleen Ramsay, Employer Representative, July 2026
Michael Pieciak, State Treasurer, Ex-Officio
Other Board Participants
Tim Duggan, Director of Retirement
Nicole Weidman, Director of Retirement Operations & Policy
Open to the Public
Board of Trustees meetings are open to the public. Interested parties are welcome to attend at any time. In-house meetings are typically held on the 4th floor of 109 State Street, Montpelier. Any administrative appeal or other claim should be addressed to the Board in writing for action at its next meeting. The Board generally meets once a month.
Future Board Meeting Dates
Please refer to "Meeting Notices" below for agendas and actual dates of meetings.
Meeting Notices, Agendas and Minutes
Please note that finalized meeting minutes will be posted once they have been approved by the Board.
2024 Agendas
2023 Agendas
2024 Minutes
2023 Minutes
2022 Agendas
2022 Minutes
2021 Agendas
12/23/2021 Agenda
10/28/2021 Agenda
9/21/2021 Agenda
8/17/2021 Agenda
7/20/2021 Agenda
6/15/2021 Agenda
5/18/2021 Agenda
4/20/2021 Agenda
3/16/2021 Agenda
2/16/2021 Agenda
2021 Minutes
9/21/2021 Minutes
8/17/2021 Minutes
7/20/2021 Minutes
6/15/2021 Minutes
5/18/2021 Minutes
4/20/2021 Minutes
3/16/2021 Minutes
2/16/2021 Minutes
2020 Agendas
12/15/2020 Agenda
11/17/2020 Agenda
10/28/2020 Agenda
09/24/2020 Agenda - Joint Meeting with VPIC, VSERS & VSTRS
09/24/2020 Agenda
09/22/2020 Agenda - Joint Meeting with VPIC, VSERS & VSTRS
08/18/2020 Agenda
05/26/2020 Agenda
04/21/2020 Agenda
03/17/2020 Agenda - cancelled due to COVID-19
2020 Minutes
12/15/2020 Minutes
11/17/2020 Minutes
10/28/2020 Minutes
09/24/2020 Joint Meeting Minutes
09/24/2020 Minutes
09/22/2020 Joint Meeting Minutes
08/18/2020 Minutes
05/26/2020 Minutes
04/21/2020 Minutes
2019 Agendas
11/19/2019 Agenda
10/29/2019 Agenda
10/15/2019 Agenda
09/17/2019 Agenda
08/20/2019 Agenda
07/16/2019 Agenda
06/18/2019 Agenda
05/21/2019 Agenda
04/16/2019 Agenda
02/19/2019 Agenda
2019 Minutes
11/19/2019 Minutes
10/29/2019 Minutes
10/15/2019 Minutes
09/17/2019 Minutes
08/20/2019 Minutes
07/16/2019 Minutes
06/18/2019 Minutes
05/21/2019 Minutes
04/16/2019 Minutes
02/19/2019 Minutes
2018 Agendas
12/18/2018 Agenda
11/20/2018 Agenda
10/25/2018 Agenda
10/16/2018 Agenda
08/14/2018 Agenda
05/29/2018 Agenda
04/17/2018 Agenda
03/08/2018 Agenda
02/16/2018 Agenda
01/12/2018 Agenda
2018 Minutes
12/18/2018 Minutes
11/20/2018 Minutes
10/25/2018 Minutes
10/16/2018 Minutes
08/14/2018 Minutes
05/29/2018 Minutes
04/17/2018 Minutes
03/08/2018 Minutes
02/16/2018 Minutes
01/12/2018 Minutes
2017 Agendas
12/15/2017 Agenda
11/14/2017 Agenda
10/25/2017 Agenda
09/25/2017 Agenda
08/17/2017 Agenda
07/13/2017 Agenda
06/13/2017 Agenda
05/23/2017 Agenda
04/18/2017 Agenda
03/20/2017 Agenda
02/08/2017 Agenda
01/26/2017 Agenda
2017 Minutes
12/15/2017 Minutes
11/14/2017 Minutes
10/25/2017 Minutes
09/25/2017 Minutes
08/17/2017 Minutes
07/13/2017 Minutes
06/13/2017 Minutes
05/23/2017 Minutes
04/18/2017 Minutes
03/20/2017 Minutes
02/08/2017 Minutes
01/26/2017 Minutes
2016 Agendas
12/01/2016
10/27/2016
08/24/2016
06/22/2016
03/09/2016
2016 Minutes
12/01/2016
10/27/2016
08/24/2016
06/22/2016
03/09/2016
